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FAMEEX Morning Crypto News Recap | January 29, 2023

2023-01-29 15:32:10

Yuga Labs co-founder to take leave of absence due to health reasons
Wylie Aronow of Yuga Labs will be taking a leave of absence from the office to manage a host of heart failure symptoms.

US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023
The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices.

SBF's Lawyer: SBF Should Be Allowed Access to Crypto Assets Held by FTX and Alameda
In a letter dated Jan. 28, SBF's attorney, Mark Cohen, argues that SBF should be allowed access to the assets and cryptocurrencies held by FTX and Alameda because there is no evidence that SBF was responsible for the previously unauthorized transactions.

IRS reminds taxpayers of crypto income reporting ahead of 2022 filing
The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking.

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